October 11, 2014 Living in wildfire country? Make sure you clear a defensible space and update your insurance There’s nothing like a mountain cabin for a great vacation getaway, a retirement home or simply a quiet and beautiful place to live. But the relaxed pace of living and the fresh scent of pine trees come with a risk — the threat of wildfires…
September 2, 2014 Who Should Have Earthquake Insurance? Listen to the audio online Download audio MP3) Justin Sullivan/Getty Images A passerby stops to look at a collapsed carport following the 6.0 South Napa Earthquake on August 24, 2014. Last weekend’s South Napa Earthquake is a dramatic reminder to Bay Area property owners that…
August 28, 2014 FEMA Inspectors Make No Aid Guarantees After Assessing Napa Quake Damage A lot of homeowners impacted by Sunday’s earthquake are wondering if they’ll get any federal help rebuilding their homes. Insurers are out in force at the Red Cross Center, but only 10 percent of Californians buy earthquake insurance. On Wednesday, inspectors from FEMA started surveying…
August 27, 2014 Getting a Good Insurance Settlement Takes Time NAPA, Calif. KGO) –Many of the victims of this week’s Napa earthquake are already dealing with their insurance companies. Those that want the best settlement can expect to put in a lot of work. Getting a good settlement with an insurance company can be as…
August 27, 2014 Napa earthquake insured losses estimated at $2.1B, with wineries taking the biggest hit BY MICHAEL B. MAROIS, BLOOMBERG, ZACHARY TRACER, BLOOMBERG, DAN HART, BLOOMBERGThe earthquake that struck northern California yesterday will lead to economic losses of as much as $4 billion, fueled by damaged wineries and shuttered businesses that rely on tourists.Insurers will probably cover about $2.1 billion,…
August 27, 2014 Department of Insurance responds to assist residents following Napa quake News: 2014 Press ReleaseFor Release: August 25, 2014Media Calls Only: 916-492-3566Department of Insurance responds to assist residents following Napa quakeDepartment’s consumer services and enforcement teams on site to assist NAPA, Calif. – The 6.0 earthquake that struck the Napa valley in the pre-dawn hours Sunday,…
August 26, 2014 Should you buy earthquake insurance? Last weekend’s magnitude 6.0 earthquake in Napa, Calif., may be easy to dismiss if you live outside the West Coast, but it should prompt homeowners coast-to-coast to check their risk to determine whether earthquake insurance is warranted, because the threat may be greater than you…
August 26, 2014 Insurance Coverage Likely to Get More Respect After the California Earthquake One of the most predictable aftereffects of a hurricane or earthquake, such as the weekend’s California earthquake, is a spike in interest by homeowners in getting, or improving, their existing insurance coverage. And there is a lot of room for improvement in California, when it…
July 31, 2014 Seniors win more protection with new annuity disclosure requirements For Release: July 23, 2014Media Calls Only: 916-492-3566Seniors win more protection with new annuity disclosure requirementsBill sponsored by the Department of Insurance is signed into lawSACRAMENTO, Calif. – California Insurance Commissioner Dave Jones today thanked Governor Brown for signing into law AB 2347 (Gonzalez) which…
May 15, 2014 San Diego fires prompt UP Special Alert UP Special Alert: Returning to your home after a wildfire If your home is close to a wildfire area and you’re returning to it after an evacuation order has been lifted, here is a checklist of things to consider: Visit the UP Claim Help library…
April 29, 2014 CEA policyholders file claims, receive payments for damage from La Habra earthquake For Release: April 29, 2014 CEA policyholders file claims, receive payments for damage from La Habra earthquake But recent earthquakes show that Californians are uncertain about their insurance coverage Media Inquiries to CEA: D’Anne Ousley 916-769-5766 / ousleyd@CalQuake.com SACRAMENTO, Calif. – The California Earthquake Authority…
April 23, 2014 Recent Quakes Push Interest, Sales of Policies in California Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature.The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit shaken up by the 5.1 magnitude…
April 8, 2014 Annuities are good retirement tools, but exercise caution For Release: April 8, 2014Media Calls Only: 916-492-3566Annuities are good retirement tools, but exercise caution SACRAMENTO, Calif. – In observance of National Retirement Planning week, the California Department of Insurance is reminding consumers about the importance of understanding what they are purchasing before signing on…
March 31, 2014 5.1 Southern California earthquake reminds Californians to be prepared for the Big One FOR IMMEDIATE RELEASE: March 29, 2014 Notice to Consumers5.1 Southern California earthquake reminds Californians to be prepared for the Big OneEarthquake insurance can help residents repair, rebuild, or replaceLOS ANGELES, Calif. – The 5.1 La Habra earthquake was significantly more powerful than the 4.4 magnitude…
March 20, 2014 ConsumerWatch: Is Earthquake Insurance Worth It? Despite the risk of earthquakes, an estimated 10 percent of California homeowners have earthquake insurance. KPIX 5 ConsumerWatch asks if the state’s earthquake insurance fund is healthy. Julie Watts reports.
January 16, 2014 Northridge Earthquake Anniversary: Despite retrofits, are homes any safer now? The 1994 Northridge earthquake — which shook Southern California 20 years ago Friday — caused $20 billion in damage, much of that to buildings. About 82,000 residential and commercial units were affected. Some homes were outright destroyed because they were not bolted to their foundations,…
October 21, 2013 Consumer Watch: Renters Insurance Can Be A Good Buy Julie Watts reports on why it may be worth a few hundred dollars to insure your possessions.
October 3, 2013 More Bay Area Residents Live In Flood Zones Under New FEMA Maps Tens of thousands of homeowners in the Bay Area and across the country are getting a wakeup call. New maps from FEMA show they are now living in flood zones. Mark Kelly reports.
